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Network
Installation Corp. (OTCBB: NWIS) |
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Dear
Reader,
Wi-Fi -- real, unteathered wireless communication -- is
well on its way to changing the way we communicate. Such
sweeping change brings with it a treasure trove of opportunities.
Wi-Fi is now the worldwide standard by which most wireless high-speed
Internet networks operate whether in offices, homes or public
spaces (airports, hotels, copy centers, etc.). Exponential
growth is expected in both the business and home market segments.
Today’s featured company, Network Installation
Corp. (OTCBB: NWIS), offers a unique perspective as
a fast-growing entrant to the Wi-Fi race. Its Breaking
News (issued just this morning) should be of
great interest to you.
| With clients like IBM, Cisco Systems,
The Travelers, UPS, University of Southern California, UCLA,
the Counties of Los Angeles and Orange, and a growing number
of Fortune 1000 companies, Network
Installation Corp., has become a leader in the
infrastructure build-out of the wireless networking and
Wi-Fi marketplace. |
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*Breaking News*
>From NWIS |
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Press
Release
Source:
Network Installation Corporation
Friday
November 14, 7:00 am ET
Network
Installation Awarded Contract From
Escondido
Union School District
IRVINE,
Calif., Nov. 14, 2003 (PRIMEZONE) -- Network Installation Corp.
(OTCBB:NWIS.OB - News)
announced today that it has been awarded a one-year contract from
the Escondido Union School District (EUSD) to provide IT services
to the district's 19 facilities.
Under
terms of the contract, Network Installation is to provide voice,
video and data services as well as consulting services regarding
additional wireless networking solutions. The contract was bid
at $350,000 over the duration of the contract, although the value
could exceed that depending on the level of additional services
provided. EUSD also retains an option to extend the agreement
for an additional two years. "We are extremely pleased to
have been awarded this contract from the Escondido Union School
District," stated Network Installation CEO Michael Cummings. "K-12
continues to be a solid growth market for us, which we expect
will continue given the current trends," he added.
According
to The Consortium for School Networking (CoSN), a national nonprofit
organization that promotes the use of information technologies
and the Internet in K-12 education, in a recent survey conducted
by the Peak Group, in association with the AEL Federal Lab, a
random sampling of schools across the U.S. were asked about their
plans in this arena. An overwhelming 62% of respondents indicated
they are currently implementing some form of wireless technology
in their schools and school districts.
About
Network Installation
Network
Installation Corp., is a total IT solutions provider which designs,
project manages and implements the infrastructure for the transmission
of data, voice and video through traditional networks as well
as wireless networks and Wi-Fi solutions. Some of Network's clients
include; Wells Fargo, University of Southern California, UCLA,
Los Angeles County and Orange County. To find out more about Network
Installation Corp. (OTC BB:NWIS.OB - News), visit our website
at http://www.networkinstallationcorp.com.
The Company's public financial information and filings can be
viewed at http://www.sec.gov.
Forward
Looking Statements
This
release contains forward-looking statements, including, without
limitation, statements concerning our business and possible or
assumed future results of operations. Our actual results
could differ materially from those anticipated in the forward-looking
statements for many reasons including: our ability to continue
as a going concern, adverse economic changes affecting markets
we serve; competition in our markets and industry segments; our
timing and the profitability of entering new markets; greater
than expected costs, customer acceptance of wireless networks
or difficulties related to our integration of the businesses we
may acquire; and other risks and uncertainties as may be detailed
from time to time in our public announcements and SEC filings.
Although we believe the expectations reflected in the forward-looking
statements are reasonable, they relate only to events as of the
date on which the statements are made, and our future results,
levels of activity, performance or achievements may not meet these
expectations. We do not intend to update any of the forward-looking
statements after the date of this document to conform these statements
to actual results or to changes in our expectations, except as
required by law.
Contact:
Network Installation Corp.
Michael Novielli, Chairman
mnovielli@networkinstallationcorp.com
(203) 791-3838
C.C.R.I.
Malcolm McGuire
(800) 828-0406
Source:
Network Installation Corp.
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About
Network Installation Corp. |
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Network Installation Corporation (NWIS) is one of Southern
California's leading independent designers and installers of wired
and wireless networks and is focused on backbone and infrastructure
opportunities within the Wi-Fi marketplace.
NWIS is also a well known, reputable designer and installer
of data, voice and video networks. NWIS delivers sole-source,
comprehensive communications solutions for voice, data, video
and enterprise-wide networks. Through its design and implementation
capabilities, NWIS utilizes vendor-independent solutions to ensure
that each customer's network functions as designed. NWIS has the
capabilities to maintain the operations network on an around-the-clock
basis.
The Company’s goal is
to leverage its existing competencies and provide
project management and
solutions integration of Wi-Fi technology to
purveyors of Hot Spots/Zones
or wireless end users.
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NWIS Chart |
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NWIS
Selected Financial Highlights |
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Market Cap: $1.71 mill (approx)
Industry: Communication Services
Fiscal Year End: 12-31
Recent Price: $3.40
2003 Range: $0.05 - $6.00 |
Ave. Daily Volume: 8,090 shares
Total Shares O/S: Approx. 13m
Insider Ownership: Approx. 90%
Float: Approximately 500,000
Transfer Agent: Pacific Stock Trf |
HISTORICAL BUSINESS INFORMATION:
On July 18, 2003, the Company changed its name
from "Flexxtech Corporation" to "Network Installation Corporation"
and its trading symbol from "FLXE" to "NWIS".
For a current stock quote on NWIS, click
here
To view SEC filings for NWIS / FLXE, click
here
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NWIS
Contact Information |
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Network Installation
Corp.
18 Technology Dr.,
Suite 140A
Irvine, CA 92618
949.753.7551
Investor Contact
Michael Novielli,
Chairman
203.791.3838
www.networkinstallationcorp.com.
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including those pertaining to estimates and related plans, potential
mergers and acquisitions, estimates, growth, establishing new markets,
expansion into new markets and related plans other than statements
of historical fact, are forward-looking statements subject to a
number of uncertainties that could cause actual results to differ
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MP provides no assurance as to the subject company's plans or ability
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intent, resources, nor experience and makes no attempt to do so.
Statistical information, dollar amounts, and market size data was
provided by the subject company and related sources believed by
MP to be reliable, but MP provides no assurance, and none is given,
as to the accuracy and completeness of this information.
Disclaimer:
StockUpTicks.com is a property of Market Pathways Financial Relations
Incorporated (MP). The information, opinions and analysis
contained herein are based on sources believed to be reliable
but no representation, expressed or implied, is made as to its
accuracy, completeness or correctness. Past performance
is no guarantee of future results. This report is a paid advertisement
and is for information purposes only and should not be used as
the basis for any investment decision. MP
has been compensated $25,000 by NWIS for preparation and distribution
of this report and other advertising services. This constitutes
a conflict of interest as to MP’s ability to remain objective
in its communication regarding the subject company. Write
or call MP for detailed disclosure as required by Rule 17b of
the Securities Act of 1933/1934. MP is not an investment
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is neither a solicitation to buy nor an offer to sell securities
but is a paid advertisement. Information contained herein
contains forward-looking statements and is subject to significant
risks and uncertainties, which will affect the results.
The opinions contained herein reflect our current judgment and
are subject to change without notice. MP and/or its affiliates,
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